CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

Feb. 25: Traders have pared back expectations for Fed rate cuts, now pricing in a 50% chance of a 25 basis point rate cut from the central bank in June. (Kryptonite)

Per Lookonchain data, Ethereum-focused treasury firm FG Nexus sold another 7,550 ETH on February 25, valued at roughly $14.06 million. The firm purchased 50,770 ETH in total during August-September 2025 at an average price of ~$3,860, totaling ~$196 million. On October 22, 2025, FG Nexus also announced plans to offload real estate assets to boost its ETH holdings. However, less than a month later, the firm began trimming its ETH positions: it sold 21,025 ETH at an average ~$2,649, cashing out ~$55.7 million. As of now, it still holds 30,094 ETH (worth ~$57.5 million), with an overall unrealized loss of ~$82.8 million.

On February 25th, per Lookonchain data, a crypto whale address (0x2bd7) swapped 205 Bitcoin (worth ~$13.45 million) for 6,973 Ethereum at a rate of 0.02944 ETH per BTC over the past 5 hours.

February 25th — Per Coinbob Popular Address Monitoring (link: https://t.me/Coinbob_track_CN), Nvidia’s earnings report is set to release tomorrow morning, with markets closely watching how the results could sway sentiment and pricing across the global AI supply chain. On the Hyperliquid platform, a tug-of-war between bulls and bears over NVDA (Nvidia derivative contracts) has already taken shape. Several top on-chain traders and institutions with multi-million-dollar positions are quietly awaiting the catalyst. - 0xRay (X: @0xRay518) holds the largest on-chain NVDA long position: $16.44 million at an average entry price of $190. - CBB (X: @Cbb0fe) holds the largest on-chain NVDA short position: $10.5 million at an average entry price of $187. - Continue Capital (X: @Continue_VC) has a $9.96 million long position, also with an average entry price of $190. Positioning extends beyond Nvidia alone. Addresses linked to 0xRay, CBB, and Continue Capital have also placed same-dire

On February 25, Holdstation—DeFAI’s smart wallet project—was hacked. The team issued an incident update confirming a total loss of 462,000 USDT. The project team stated they are taking the breach seriously, actively investigating its root cause, and strengthening all security measures. A compensation plan is also in development, with specific details to be announced to the community at a later date.

On February 25, Tether (USDT)—the world’s largest stablecoin—saw its market cap drop 0.8% this month to $183.61 billion, extending January’s trend when it slipped ~1% from its all-time high of $186.84 billion. This marks the first consecutive monthly contraction since the 2022 TerraForm Labs collapse, a signal of tightening market liquidity. Analysts note stablecoins act as the crypto market’s “liquidity fuel”; supply contractions typically indicate net fund outflows. Against this backdrop, demand for U.S. spot Bitcoin ETFs remains muted, prompting market participants to take a cautious view on any rebound’s sustainability. On the price front, Bitcoin has struggled to build sustained momentum since bottoming near $60k on February 6. While it briefly popped above $70k, it’s now trading in the $65k range. Meanwhile, fellow major stablecoin USD Coin (USDC) has seen its market cap climb from a January low of $70 billion to ~$75 billion, but full-year growth has stalled. This signa